Temasek Holdings
SINGAPORE: Singapore-based Jungle Ventures has raised US$600mil (RM2.63bil) in a new fund backed by new and existing investors including Temasek, (pic) the latest venture capital (VC) firm to target more money on investments in South-East Asia and India.
The fundraising for the fourth Jungle Ventures fund, among the largest regionally, comes amid a technology boom that has accelerated as more consumers moved online during the Covid-19 pandemic.
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